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Market Impact: 0.15

Canadian Market Remains Weak; Energy Stocks Move Higher

Energy Markets & PricesMaterials & Raw MaterialsConsumer Demand & RetailMarket Technicals & Flows

The S&P/TSX Composite Index drifted lower on Monday, with losses in materials and consumer discretionary stocks outweighing gains in energy. Higher oil prices provided support to energy shares and limited the downside for the broader Canadian market. The move appears modest and sector-driven rather than a market-wide shock.

Analysis

The S&P/TSX Composite Index drifted lower on Monday, with losses in materials and consumer discretionary stocks outweighing gains in energy. Higher oil prices provided support to energy shares and limited the downside for the broader Canadian market. The move appears modest and sector-driven rather than a market-wide shock.

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Market Sentiment

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